It's possible that OPEC is crying wolf with hints of an output freeze next month in Algiers; but it's also possible that they are ramping up production to take the sting out of a freeze.
Canada Mining News
Project consists of two open-pit mines forecast to produce 87,000 ounces of the yellow metal a year during their eight to nine years of mine life.
Canada’s Erdene Resource is one of the very few miners to have never encountered issues in the East Asian nation.
Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce plans at four new exploration projects.
Life Cycle Services
Mineral and mining industry highlights top priorities at Energy and Mines Ministers’ Conference.
The proposed partnership will help the firms realize the full potential of Kossanto East, which currently has a JORC-compliant resource of 247,000 ounces of gold.
The project, discovered in 2004, was expected to generate about 30,000 jobs and produce up to 3 million carats a year.
Saudi Arabia suggests it may be increasing its August crude output to a new all-time high as it could give it more leverage to influence the September informal talks on a possible production freeze, Reuters reported on Wednesday, citing industry sources.
Earth Alive signs exclusive multi-year distribution agreement with Brenntag Canada for its EA1 microbial technology
EA1 is a 100% organic and biodegradable product that uses the latest advances in microbial technology to control soil born dust emanations.
More than 20,000 tonnes of toxic arsenic trioxide released from the now-shut Giant gold mine wiped out entire populations of algae and invertebrates from lakes nearby, study shows.
John Burzynski, Senior Vice President New Business Development, and Robert Wares, Chief Geologist are leaving their current positions.
The country began shipping lithium to China this week, in what is considered the first step towards fulfilling its ambitions to becoming the world’s No. 1 exporter of the commodity.
Chief Geologist Ross McElroy highlights to investors the merits of owning ‘Canada’s Leading Uranium Project Generator’.
Silver is up 40% to date, while gold has only gained about 28%.
Between September and January, a federal panel will review how Canada handles environmental assessments for major resources projects and provide suggestions.
The potential acquisition fits in the South African gold producer’s plans to expand operations across Africa.
Charles Ronkos has joined the company as Executive Vice-President, Project Development - Americas.
Two years after the mine’s massive tailings pond collapse, the tarnished Golden Triangle environmental and economic fallout continues.
The company, however, said it continues looking for a partner to take the venture off the ground.
They had flagged they would offload some of their higher-cost local operations to focus on their most profitable mines.
Soros Fund, which took a $263.7 million stake in Barrick Gold Corp. in the first quarter, cut its holdings in the world’s biggest producer of the metal by 94% in the ensuing three months.
Banks Island Gold along with its CEO and chief geologist, are facing charges for allegedly 200 kg of waste material in the streams around the Yellow Giant gold mine, near Prince Rupert, B.C.
A wave of overbuilding and production increases in recent years — spurred by a spike in crop prices and a perceived demand that didn't quite materialize — have left the market flooded with supply.
Every junior commodity market has its share of pretenders to go along with the contenders as prices and demand move up.